Taneja Aerospace and Aviation Balance Sheet Health
Financial Health criteria checks 6/6
Taneja Aerospace and Aviation has a total shareholder equity of ₹1.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.6B and ₹175.7M respectively. Taneja Aerospace and Aviation's EBIT is ₹168.2M making its interest coverage ratio -65.4. It has cash and short-term investments of ₹101.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -65.4x |
| Cash | ₹101.40m |
| Equity | ₹1.38b |
| Total liabilities | ₹175.65m |
| Total assets | ₹1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522229's short term assets (₹213.4M) exceed its short term liabilities (₹67.4M).
Long Term Liabilities: 522229's short term assets (₹213.4M) exceed its long term liabilities (₹108.2M).
Debt to Equity History and Analysis
Debt Level: 522229 is debt free.
Reducing Debt: 522229 has no debt compared to 5 years ago when its debt to equity ratio was 28%.
Debt Coverage: 522229 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 522229 has no debt, therefore coverage of interest payments is not a concern.